DISCLOSURE OF FINANCIAL STATEMENTS OF THE SICREDI COOPERATIVE CREDIT SYSTEM

Authors

  • Simone Leticia Raimundini Doutoranda em Administração, Universidade Federal do Rio Grande do Sul (UFRGS) Professora do Departamento de Ciências Contábeis da Universidade Estadual de Maringá (UEM)
  • Vivian Maria Anschau Graduanda em Ciências Contábeis Universidade Federal do Rio Grande do Sul (UFRGS)
  • Márcia Bianchi UFRGS
  • João Marcos Leão da Rocha Mestre em Administração (UFRGS) Professor do Departamento de Ciências Contábeis e Atuariais

Abstract

Accounting aims to generate relevant information about the financial position of an entity. Group of companies is used the consolidated financial statements. The objective of this study is to analyze the different methodologies used for the consolidation of the Balance Sheet and Statement of Income in the Cooperative Credit System Sicredi and evaluate the main advantages and limitations of each methodology from the perspective of accounting disclosure, based on IFRS 10. This research is characterized as descriptive, qualitative and case study. The results were analyzed from real data indexed, in order to preserve the confidentiality of information. The main result shows that the method of consolidation that involves all the companies in the Sicredi allows a better analysis of financial position due to the higher level of accounting disclosure on the conglomerate. We conclude that the different methodologies of consolidation of financial statements applied to System Sicredi show different levels of accounting information. The adoption of the concept of control, in accordance with IFRS 10, on the methodology that consolidates the entire conglomerate is one that presents greater disclosure.

 

Keywords: Consolidated Financial Statements. Disclosure. Credit Union. Cooperative Bank Sicredi. 

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Author Biography

Márcia Bianchi, UFRGS

Possui graduação em Ciências Contábeis pela Universidade Regional Integrada do Alto Uruguai e das Missões (2000), mestrado em Ciências Contábeis pela Universidade do Vale do Rio dos Sinos- UNISINOS (2005) e doutoranda em Economia pela Universidade Federal do Rio Grande do Sul - UFRGS. Atualmente é professora assistente do curso de Ciências Contábeis da Universidade Federal do Rio Grande do Sul/Porto Alegre-RS. Tem experiência na área de Ciências Contábeis, atuando principalmente nos seguintes temas: controladoria, análise de custos e contabilidade societária.

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Published

17-10-2012

How to Cite

RAIMUNDINI, S. L.; ANSCHAU, V. M.; BIANCHI, M.; ROCHA, J. M. L. da. DISCLOSURE OF FINANCIAL STATEMENTS OF THE SICREDI COOPERATIVE CREDIT SYSTEM. REVISTA AMBIENTE CONTÁBIL - Universidade Federal do Rio Grande do Norte, [S. l.], v. 4, n. 2, p. 149–171, 2012. Disponível em: https://periodicos.ufrn.br/ambiente/article/view/2144. Acesso em: 21 nov. 2024.

Issue

Vol. 4 No. 2 (2012): Jul./Dez.

Section

ARTICLES

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